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Captain Certification 2014 > Budget > Flashcards

Flashcards in Budget Deck (14):
1

What binds TFD to services provided?

The City Charter

2

General Funds, Special Revenue Funds, Capital Project Funds, and Debt Service Fund are what type of funds?

Governmental Funds

3

A fund for day to day operations; can only have one ____

General Fund

4

Accounts for proceeds of specific revenue sources that should be used for specific purposes

Special Revenue Funds

5

Accounts for financial resources used for acquisition or construction of major assets

Capital Project Funds

6

To account for accumulation of resources that will be used to pay general long-term debt

Debt Services Fund

7

Enterprise Funds and Internal Service Fund are what types of funds?

Proprietary Funds

8

May be used to report any activity for which a fee is charged to external users for goods and services
-What are examples of this fund?

Enterprise Funds
-Tucson Golf, Tucson Water, Environmental Services

9

Accounts for the financing of goods and services provided by one department or agency to other internal departments or agencies of a governmental unit

Internal Service Fund

10

What kind of budget is used for day to day stuff?

Operating Budget

11

How much of the General Fund is made up by...
-Sales Tax
-Property Tax
-State Revenue Sharing

-Sales Tax 36%
-Property Tax 3%
-State Revenue Sharing 25%

12

How much of our General Fund budget is for personnel?

89%

13

How much of our operating budget comes from the General Fund?

93%

14

How much of our operating budget is in Operations?

85%